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Miovision Acquires Rapid Flow, The Canadian Business Journal

KITCHENER, ON, Oct. 11, 2022 (GLOBE NEWSWIRE) — Miovision, an innovative company that uses artificial intelligence and advanced analytics to help modernize cities’ approach to traffic management, today announced announced the acquisition of Pittsburgh-based Rapid Flow Technologies.

Rapid Flow is the technology leader in the market for adaptive traffic signal control that uses real-time traffic data to optimize signal timing and adapt to real-world conditions. The company’s Surtrac adaptive traffic signal control system supports all traffic signal controller types to optimize traffic signal timing down to the second, taking into account all modes of travel to ensure that vehicles, cyclists, pedestrians, and keep transportation moving and safe.

Miovision CEO Kurtis McBride said: “Not only does this add an industry-leading adaptive control product to our existing platform capabilities, but the team of passionate people who developed it joins Miovison’s world-class engineering team. “

Greg Barlow, CTO and co-founder of Rapid Flow, said: “Our long-term partnership with Miovision has proven that Miovision’s platform makes Surtrac most effective and provides high-quality traffic data that enables seamless integration. We are in a prime position to offer more customers truly adaptable solutions with features.”

Applications of Surtrac adaptive signal control show significant improvements over traditional traffic signal timing and other adaptive systems. Travel time has been reduced by 25%, time at traffic lights by 40%, stop time by 30% and emissions by 20%.

Surtrac Adaptive has been installed at 350 intersections, including installations integrated with Miovision TrafficLink in Peterborough, Ontario and Quincy, Massachusetts. Rapid Flow’s team, including Surtrac co-founder and co-inventor Greg Barlow, will join Miovision, and their Pittsburgh location will be his fifth office in the Miovision world.

About Miovision
Miovision enables cities to reduce traffic congestion and vehicle emissions while improving public safety through scalable intelligent transportation solutions.Click here for details miovision.com.


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Miovision Acquires Rapid Flow, The Canadian Business Journal

Source link Miovision Acquires Rapid Flow, The Canadian Business Journal

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